Apple (AAPL) Earns Daily Media Sentiment Score of 0.58
Headlines about Apple (NASDAQ:AAPL) have trended somewhat positive this week, InfoTrie reports. The research group identifies positive and negative press coverage by reviewing more than 6,000 blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Apple earned a media sentiment score of 0.58 on their scale. InfoTrie also gave media headlines about the iPhone maker an news buzz score of 0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company’s share price in the next several days.
Here are some of the news headlines that may have impacted Apple’s analysis:
- GenAlpha Releases Upgraded PartSpot Manufacturing eCommerce Solution (prweb.com)
- Apple Plans Three New iPhones This Year, Plays Catch-Up on Cameras (wsj.com)
- Everywhere we found AirPlay 2 at CES 2019 – Engadget (engadget.com)
- Apple demanded $1 billion for chance to win iPhone: Qualcomm CEO (feeds.reuters.com)
- UPDATE 1-Apple demanded $1 billion for chance to win iPhone – Qualcomm CEO (feeds.reuters.com)
NASDAQ AAPL opened at $152.29 on Friday. The firm has a market cap of $753.54 billion, a PE ratio of 12.79, a PEG ratio of 1.45 and a beta of 1.23. The company has a current ratio of 1.12, a quick ratio of 1.09 and a debt-to-equity ratio of 0.87. Apple has a 1-year low of $142.00 and a 1-year high of $233.47.
A number of research analysts have weighed in on AAPL shares. DA Davidson reduced their target price on Apple to $260.00 and set a “buy” rating on the stock in a report on Thursday, January 3rd. New Street Research reiterated a “sell” rating on shares of Apple in a report on Tuesday, September 18th. Robert W. Baird reduced their target price on Apple from $230.00 to $185.00 and set an “outperform” rating on the stock in a report on Thursday, January 3rd. Citigroup reduced their target price on Apple from $265.00 to $240.00 and set a “buy” rating on the stock in a report on Friday, November 2nd. Finally, ValuEngine downgraded Apple from a “hold” rating to a “sell” rating in a report on Friday, January 4th. Three investment analysts have rated the stock with a sell rating, twenty-six have issued a hold rating and twenty-two have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of $195.19.
In other news, insider Chris Kondo sold 3,408 shares of the stock in a transaction on Monday, November 19th. The stock was sold at an average price of $190.00, for a total transaction of $647,520.00. Following the transaction, the insider now directly owns 8,940 shares of the company’s stock, valued at approximately $1,698,600. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 0.06% of the stock is owned by corporate insiders.
WARNING: “Apple (AAPL) Earns Daily Media Sentiment Score of 0.58” was originally published by The Cerbat Gem and is the property of of The Cerbat Gem. If you are viewing this story on another domain, it was stolen and reposted in violation of US and international trademark & copyright legislation. The legal version of this story can be accessed at https://www.thecerbatgem.com/2019/01/12/apple-aapl-earns-daily-media-sentiment-score-of-0-58.html.
Apple Company Profile
Apple Inc designs, manufactures, and markets mobile communication and media devices, and personal computers. It also sells various related software, services, accessories, and third-party digital content and applications. The company offers iPhone, a line of smartphones; iPad, a line of multi-purpose tablets; and Mac, a line of desktop and portable personal computers, as well as iOS, macOS, watchOS, and tvOS operating systems.
Featured Article: Discount Rate
Receive News & Ratings for Apple Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Apple and related companies with MarketBeat.com's FREE daily email newsletter.